Americans Do I.T. Better: US Multinationals and the Productivity Miracle

This is a revised version of the mimeo "It Ain't what you do but the way that you do I.T." We would like to thank our formal discussants (Susanto Basu, Erik Brynjolfsson, Johannes von Biesebroeck and Stephen Yeaple), Tony Clayton and Mary O'Mahony and the participants at seminars at Berkeley, Cambridge, CEPR, Columbia, Hebrew, John Hopkins, LSE, Maryland, the NBER, Northwestern, Oxford, Stanford, Tel-Aviv, UBC, UCL, UCSD and Yale. We would also like to thank the Department of Trade and Industry and the Economic and Social Research Council for financial support. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.